Cove Energy announces second successful flow test in Rovuma Basin Area 1 block, offshore Mozambique

• Sunday, 6th May 2012
• by Egypt Oil & Gas

Cove Energy, together with operator Anadarko Petroleum, has provided the results of its second flow test of the Barquentine-1 well at the northern end of the Prosperidade gas complex in the Rovuma Basin Area 1 block, ...

Shell launches $1.8bn Cove takeover

• Tuesday, 24th April 2012
• by Egypt Oil & Gas

Anglo-Dutch supermajor Shell announced it had reached an agreement with Cove Energy on the terms of a recommended cash offer which values the latter at £1.12 billion ($1.8 billion). Shell said it would offer 220 pence...

Cove Energy announces Mozambique tax clarification

• Tuesday, 10th April 2012
• by Egypt Oil & Gas

On 2nd March 2012 Cove Energy announced that it was seeking clarity on a possible tax charge to be levied by the Government of Mozambique in relation to the indirect transfer of the Company’s 8.5 per cent participatin...